Parparinos & Hadjipanayis LLC

04/06/2026

Cyprus, known for its beautiful landscapes and strategic location, has introduced officially the Digital Nomad Visa Scheme back in January 2022, while applications have been resumed recently in March 2025, to attract remote workers from around the world. This visa allows individuals to live in Cypru...

03/06/2026

https://pahalaw.com/amendment-to-article-44ia-of-the-transfer-and-mortgaging-of-immovable-property-law-mortgagees-option-to-purchase-the-property/

The Transfer and Mortgaging of Immovable Property (Amending) (No. 2) Law introduces a crucial shift in the Cypriot legal framework governing foreclosures, specifically revising Article 44IA of the principal legislation. The Amendment of the Law has been published on 22.04.2026. This specific amendme...

28/05/2026

https://pahalaw.com/the-cyprus-startup-visa-scheme-positioning-cyprus-as-the-tech-gateway-to-europe/

Introduction As part of its ongoing national strategy to transform into a leading Mediterranean and European technology capital, the Republic of Cyprus has positioned its Cyprus Startup Visa Scheme as a powerful immigration and corporate tool. Extended and enhanced through December 2026, the scheme....

25/05/2026

https://pahalaw.com/understanding-the-digital-nomad-visa-in-cyprus/

Cyprus, known for its beautiful landscapes and strategic location, has introduced officially the Digital Nomad Visa Scheme back in January 2022, while applications have been resumed recently in March 2025, to attract remote workers from around the world. This visa allows individuals to live in Cypru...

18/05/2026

https://pahalaw.com/tech-island-navigating-the-cyprus-relocation-path-for-high-growth-companies/

Cyprus has firmly cemented its status as the "Tech Island" of the Mediterranean. With a favorable tax regime, a highly skilled local workforce, and a strategic location at the crossroads of three continents, it has become the destination of choice for international tech firms. However, relocating a....

04/05/2026

https://pahalaw.com/what-is-an-ngo-and-why-should-you-care/

A non-governmental organization (NGO) is broadly understood as a non-profit, independent entity established to pursue social, charitable, cultural, environmental, or educational objectives without direct government control. NGOs may collaborate with public authorities or international institutions,....

27/04/2026

https://pahalaw.com/cyprus-path-to-schengen-roadmap-and-business-benefits-brief-overview/

Cyprus’ transition toward participation in the Schengen Area is widely discussed as a strategic objective that would streamline travel and cross-border processes between Cyprus and most EU Member States. While the exact timing and legal milestones depend on political and technical decisions at EU ...

22/04/2026

https://pahalaw.com/navigating-the-2026-cyprus-tax-landscape-defensive-measures-and-strategic-re-allocation-opportunities/

A practical guide for multinationals and Cyprus-based groups; Executive summary As of January 1, 2026, Cyprus implemented new defensive measures targeting profits moved to certain lower-tax jurisdictions, following Circular 1/2026 issued April 9, 2026. The measures align with Cyprus’s EU Recovery ...

06/04/2026

https://pahalaw.com/the-introduction-of-an-8-crypto-asset-tax-in-cyprus-key-changes-under-the-new-income-tax-law/

Introduction Cyprus has taken a significant step toward modernizing its tax system with the introduction of a dedicated framework for the taxation of crypto assets. As part of the broader 2026 tax reform, the government has implemented a flat 8% income tax on profits derived from crypto-assets, mark...

31/03/2025

https://pahalaw.com/usa-vs-all-trumps-rolling-the-dice-but-whos-betting/

US overconsumption led by Capitalism has created the need for Americans to buy more goods and services to presumably live a better life, to live the American dream. That of course is debatable depending on your sociopolitical - economic views, let’s leave it there. As a result, US based companies....